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RE: MY VERY FIRST TRIP TO SWITZERLAND - one of the most crypto and blockchain friendly place on the planet earth

in #steemleo5 years ago

The real question is, what does this company do that requires a blockchain?

Is the company planning on being a content creator? Or are they going to use the blockchain as a database like Splinterlands?

If their idea is to use reward pool as a source of revenue, then it might be better for them to not be here at all. Any "business" that relies on the reward pool is not a business. At least, not one that brings value into the ecosystem.

Some of the most important features they need to know are that transactions on the chain are free, and they can buy as much STEEM as they need RC. Anything else is extra.

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Dear @enforcer48

Very valid questions. Your comment encouraged me to write a bit longer explanation and I would like you to check it out here:

https://steemit.com/hive-175254/@crypto.piotr/recent-trip-to-switzerland-my-own-personal-hurray#@chrisaiki/q2exx5

I really hope you will check out this link and share your thoughts. I've learned already to value your opinion and your feedback.

ps.
You wrote: Some of the most important features they need to know are that transactions on the chain are free

And I was just wondering (not for the first time) - are transactions on chain really free? Or perhaps we're all being taxed with inflation?
After al entire infrastructure (nodes etc) is costly. It cost real (fiat) money and those costs are being covered by selling STEEM being "printed" out of thin air. At least that's how it does look like.

Am I wrong? I would really prefer if each transaction would have super small fee that need to be covered by sender.

Cheers, Piotr

And I was just wondering (not for the first time) - are transactions on chain really free? Or perhaps we're all being taxed with inflation?

A more precise way to describe it is that transactions do not have direct costs for the users, and their RC would limit how much they need to transact.

But yes, I will have to get back to you once I read your other post.

I will be definetly looking forward to read your feedback @enforcer48 since I've learned to value your words.

Yours
Piotr